CRBG vs LNC: Correlation
Corebridge Financial Inc. (CRBG) and Lincoln National Corporation (LNC) show a strong relationship: their 3-year correlation of weekly returns is 0.68.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRBG and LNC?
Over the past 3 years, CRBG and LNC moved with a correlation of 0.68, which is strong. Recent behaviour matches the longer record: 0.68 over 1 year against 0.68 over 3. Over 5 years the correlation is 0.66, and the annualized covariance of weekly returns is 703.9 %².
LNC is one of the assets that tracks CRBG most closely: it ranks #3 out of the 12 assets we track against CRBG. On 12-month performance LNC holds a 10.9-point edge, -3.5% against +7.4%.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CRBG vs LNC: side by side
| CRBG (Corebridge Financial Inc.) | LNC (Lincoln National Corporation) | |
|---|---|---|
| 1-year return | -3.5% | +7.4% |
| 5-year return | n/a | -18.1% |
| Volatility (ann.) | 30.6% | 33.9% |
| Beta vs S&P 500 | 1.21 | 1.14 |
| Max drawdown (3Y) | -36.3% | -29.1% |
| Market cap | $14.5B | $8.3B |
| P/E (trailing) | 20.8 | 3.7 |
| Dividend yield | 3.01% | 4.16% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRBG | LNC |
|---|---|---|
| 2022 | – | -53.5% |
| 2023 | +25.3% | -5.6% |
| 2024 | +42.8% | +24.8% |
| 2025 | +3.9% | +48.0% |
| 2026 | +10.2% | +1.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRBG and LNC good diversifiers for each other?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CRBG and LNC?
The CRBG/LNC correlation stands at 0.68 on a 3-year window (1 year: 0.68, 5 years: 0.66), computed from weekly returns as of 2026-08-27.
Is LNC a good diversifier for CRBG?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.68 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crbg-vs-lnc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crbg-vs-lnc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRBG correlations · LNC correlations
